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Energy Market Assessment: Restoring upward mobility of the masses will have a profitable oil & gas drilling boom

Oil & Gas 360º

crude oil supply growth smaller than what it has been/ what is expected fuels our bullish oil outlook. lower-48-state crude oil production approached 13 million barrels per day (mmbd) five years ago (Figure 11, green dot). Figure 10: Weekly Change in Total U.S. Energy Information Administration data) U.S.

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Oil revival plan put forth by Ecuador’s president falters amid re-election effort

Oil & Gas 360º

Since striking a deal last year to hand Ecuadors Sacha field to Sinopetrol, an obscure consortium of foreign oil companies, Noboa has faced mounting criticism over his handling of the deal. The damage has already been done, but hes limiting his losses said Sebastian Hurtado, head of political risk consultancy Prfitas in Quito.

Oil 130
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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

and/or Canadian governments increases the rate or scope of the tariffs effected on March 4, 2025 , and were subsequently paused on March 6, 2025 , if they come into effect in the future, or imposes new tariffs on the import of goods from one country to the other, including on oil and natural gas, (ii) the U.S.

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